Transcend Capital Advisors LLC Makes New $264,000 Investment in Avantis International Equity ETF $AVDE

Transcend Capital Advisors LLC acquired a new stake in Avantis International Equity ETF (NYSEARCA:AVDE) in the second quarter, according to the company in its most recent filing with the SEC. The firm acquired 3,567 shares of the company’s stock, valued at approximately $264,000.

A number of other institutional investors have also recently added to or reduced their stakes in the business. Bessemer Group Inc. bought a new stake in Avantis International Equity ETF during the 2nd quarter worth approximately $57,000. Yukon Wealth Management Inc. bought a new stake in Avantis International Equity ETF during the 2nd quarter worth approximately $224,000. Fort Vancouver Investment Management LLC grew its holdings in Avantis International Equity ETF by 13.3% during the 2nd quarter. Fort Vancouver Investment Management LLC now owns 6,302 shares of the company’s stock worth $466,000 after acquiring an additional 742 shares during the last quarter. Envestnet Asset Management Inc. grew its holdings in Avantis International Equity ETF by 22.7% during the 2nd quarter. Envestnet Asset Management Inc. now owns 1,690,757 shares of the company’s stock worth $125,133,000 after acquiring an additional 313,133 shares during the last quarter. Finally, Orion Capital Management LLC grew its holdings in Avantis International Equity ETF by 29.9% during the 2nd quarter. Orion Capital Management LLC now owns 48,965 shares of the company’s stock worth $3,624,000 after acquiring an additional 11,261 shares during the last quarter.

Avantis International Equity ETF Price Performance

AVDE opened at $79.64 on Friday. Avantis International Equity ETF has a fifty-two week low of $58.56 and a fifty-two week high of $80.44. The firm has a market capitalization of $10.32 billion, a price-to-earnings ratio of 14.71 and a beta of 0.84. The company’s 50 day moving average price is $78.52 and its two-hundred day moving average price is $74.66.

Avantis International Equity ETF Company Profile

The Avantis International Equity ETF (AVDE) is an exchange-traded fund that is based on the MSCI WORLD EX USA IMI INDEX index. The fund is an actively managed portfolio of non-US companies from developed markets, of all market capitalizations, focusing on smaller, value companies. AVDE was launched on Sep 24, 2019 and is managed by American Century Investments.